Budget 2024: Border infra gets boost as China builds bunkers, bridge at LAC

Quick Summary:

The PLA base at Sirjap, located on the northern shore of the Pangong Lake, has been reportedly built in an area claimed by India and is located about 5 km from the LAC.

During FY24, the BRO completed 125 infrastructure projects, including the Sela tunnel in Arunachal Pradesh, worth Rs 3,600 crore.

The FY25 defence allocation is down 0.31 per cent from the Revised Estimates for FY24, but 4.79 per cent higher than the FY24 BE.

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Category: BusinessFinance

Markets: IndiaChina

Topics: Eastern Ladakh standoff How much is India defence budget India China standoff India border infra India defence budget India China border row BRO India vs China infra Ladakh India China standoff India strategic infra Border Roads Organisation budget India defence budget 2024 Indian infra at LAC

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Article Type: News Report

Published On: 2024-07-24 @ 18:40:07 (8 hours ago)

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News Source URL: business-standard.com

Language: English

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